Lind Capital Annual Report 2021 - Flipbook - Side 5
In one word, the events of 2020 are best described
as “unpredictable”. While the global outbreak of
COVID-19 introduced us to a previously unimaginable new normal, the pandemic also gave rise to
increased activity in the markets.
While the market’s initial reaction to the extreme level of uncertainty naturally stressed our risksystems, we consistently felt confident in both our
model and our ability to handle these extreme scenarios. During this period, we also experienced the
greatest consecutive 5-day drop in our markets ever,
and although it proved to be impactful on our portfolio, we were quick to reallocate our focus to the
trading models best suited for the market at that
specific time. As such, whilst most of the organisation was working from home due to governmental
restrictions, we experienced a real-life stress test,
and emerged on the other side more confident in our
systems and our ability to navigate through highly
The events last year have not only stress-tested our
systems and risk management framework – it has
also tested the agility and mindset of the organisation. Our entire team have shown a high level of
adaptability and a willingness to go the extra mile
for Lind Capital in this extraordinary situation. To us,
this is a testament to our strong culture, and a proof
that we live our values as an organisation. Because of this, and despite the extreme uncertainty we
experienced in the first quarter of 2020, we not only
achieved our stated financial goal for 2020 but exceeded all expectations and delivered the best result in company history.
We see two key drivers behind this amazing result.
Firstly, our trading models, which we have developed
and refined over the last many years, coupled with a
robust, tailor-made trading system and a strong risk
management process make us highly scalable. This
scalability enabled us to utilise the increased number of opportunities that arose from the increased
activity and uncertainty in the market. Secondly, we
quickly made the right strategic call to focus our efforts on the models performing best in the environment at the time and seized the opportunities.
For 2020, we are proud to announce a trading income of DKK 128,4m, a pre-tax profit of DKK 77,8m
and a return on equity of 48.75%. This exceeds our
initial expectations of a positive result for the year.
mate and customize real time analytics and sophisticated modelling so our traders can focus on what
We rely on both the systematic quantitatively driven
trading signals and the agile decision making that a
human trader can provide. We try to extract the best
of both mind and machine, because we believe the
magic happens in the mix. Our focus on technology
as a key enabler will remain in the years to come,
as automation and efficient data dissemination and
evaluation will remain essential to both our ability to
scale as well as our overall success.
THE NEXT LEVEL
TECHNOLOGY AT THE CORE
In Lind Capital, we have an extensive understanding
of what drives our markets. We use large quantities of data to determine the value and risk factors
of every financial instrument we trade. However,
without a strong technological core, we could not do
what we do today. Therefore, we continue to invest
in our technology stack and our capabilities to develop business enabling software solutions, as these
are essential to our continued success and growth.
By developing most business-critical systems internally, we emphasise the distinct capabilities that
provide us with an edge in the market. Our aim is not
to compete on nano seconds in the trading space,
but to compete by applying our deep product and
market knowledge through a highly sophisticated,
robust, and scalable framework.
As we continue to grow and mature as an organisation, it is essential for us to keep our entrepreneurial
spirit, the agility, and the strong culture that characterises Lind Capital. As we streamline and optimize processes and systems to move the company to the next
level of organisational maturity, efficiency, and technological capabilities, we build on the formula of
success we have been optimising for years. Where
technology historically has been a way to support
our trading and strategy execution, technology has
become and will increasingly be the enabler for
growth and new business opportunities.
For the financial year 2021, we expect to deliver a
strong, positive financial result that matches or exceeds the financial result of 2020. This expectation is
naturally based on the current state of our markets,
but more importantly on our ambitious approach to
scaling as well as market development.
Martin Fisker Markussen
Our technology is like a tailored suit - it is built to
perfectly fit our needs and to make our traders apply
their energy and strategies in the most rewarding
and scalable way possible. At the core of what we
do, we continuously digest large amounts of data,
and with a strong technological core we can autoLIND CAPITAL ANNUAL REPORT 2020